$NEWT USDT BEARISH PULLBACK IN PLAY — RALLY EXHAUSTION COULD TRIGGER A CORRECTION

After a massive pump from $0.30 to $0.86, $NEWT USDT is showing signs of fatigue. The price has retraced sharply and is struggling to reclaim higher levels. The 15m candles suggest weakening momentum with lower highs and a bearish crossover on short-term moving averages. This indicates the potential for a continued pullback if support fails to hold.

🔻 Trade Setup: Short Position

Entry Zone: $0.6150 – $0.6300

Take Profit 1: $0.5400

Take Profit 2: $0.4800

Stop Loss: $0.6700

📉 Market Outlook:

Momentum has cooled off post-peak, with volume declining and RSI curving down from near-overbought territory. As long as the price remains below the $0.64 resistance, bears could continue dominating the short-term trend. Watch for breakdown below $0.60 for confirmation.

#CryptoTrading #NOT #BearishSignal #AltcoinAnalysis #BinanceSetup

buy and trade here on $NEWT